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Saturday: “Auntie’s” idea — oscillate and go long on dips; if the level breaks, switch to shorts.
Currently around ETH 2316, the daily chart is pulling back from a high level and momentum is fading; price action is weaker than BTC—mainly following the market rather than showing independent strong bullish signals. In the short term, it still looks like a range with a bearish bias. If the pullback doesn’t break 2250, go long with light position sizing; if it effectively breaks below 2250, short in line with the trend.
Support: 2280-2250 (short-term bulls’ lifeline)
Resistance: 2350-2380 (strong resistance zone)
## Trading Advice
Layout long setups in the ETH 2300-2380 range; aim higher at 2330-2380.